Wednesday, February 18, 2009



-- indicating bulls still have energy to push back
/es traded at yesterday's POC level two times in afterhours
/es 930 opening at yesterday's POC level
retracement before 12 lunch hour at yesterday's POC level

--but bears are more forceful, it went further and faster, only getting weaker each push-down from the tick reading!!!


###a price balance day in general, the price movement is shaky with bigger retracements
***after a consolidation or balanced day, the game rule is to follow any market's directional move earlier in the morning, get in at 0.37 retracement but watch out for potential big reversal.

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